v3.26.1
Assets
3 Months Ended
Mar. 31, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Assets ASSETS
Other current assets consisted of the following:
March 31,
2026
December 31, 2025
 (in millions)
Value added tax receivable$277 $175 
Prepaid insurance and other expenses141 137 
Reimbursable engineering costs217 204 
Notes receivable
Income and other taxes receivable126 107 
Deposits to vendors
Derivative financial instruments (Note 14)119 133 
Capitalized upfront fees (Note 20)14 14 
Contract assets (Note 20)93 68 
Other
Total$999 $853 
Other long-term assets consisted of the following:
March 31,
2026
December 31, 2025
 (in millions)
Deferred income taxes, net$1,853 $1,828 
Unamortized Revolving Credit Facility debt issuance costs15 
Income and other taxes receivable75 74 
Reimbursable engineering costs121 114 
Value added tax receivable
Technology investments (Note 21)66 65 
Derivative financial instruments (Note 14)24 34 
Capitalized upfront fees (Note 20)39 40 
Contract assets (Note 20)87 92 
Other106 107 
Total$2,388 $2,362